Market voices: Good advice
Silvana Capaldi
Business owners often think that their business is worth more, only to be disappointed at the number after the valuation. That’s when a professional can come in and suggest adjustments that would increase the value. For example, the buyer may want to know what prospects are in the pipeline, projected future sales, reports or what CRM they are using. Not having that information or tools can decrease the value of the company.
Founding Chair Alliance of Merger & Acquisition Advisors of Tampa Bay
The challenges that we face as a community are related to the economic prosperity of the Tampa Bay Region. The average household income in the Tampa Bay area is $55,000 while the average cost of a home in St. Petersburg is $225,000. The issue of affordable housing is not unique to St. Petersburg. It is an issue for all of Florida. The increase in the average cost of a home is attributable to the great success economically we’re having as a region. Affordable housing is a challenge that the mayor of St. Petersburg and our city council are fully aware of and they are doing a great job of addressing it.
Emery Ellinger CEO Aberdeen Advisors, Inc.
Robert Doyle President & Chief Investment Officer Doyle Wealth Management, INC
We work with companies that have revenues of $10 million to $100 million in sales and are profitable. We bring investment banking services to the lower midmarket, which are these good-sized companies. They are an underserved market in Florida, and really around most of the United States, but in the bigger markets like Atlanta and New York, there are a lot of firms that do this. Being located in Tampa Bay has been a unique opportunity for us because there is not much in the way of competition for our business.
People are starting to wake up. The availability of a Roth 401(k), the lowest tax rates under President Trump since Reagan’s 1986 tax reform, a national debt in excess of $23 trillion, and our aging population are starting to make people question the status quo. They know that something isn’t quite right and that they need that final missing piece to have the peace of mind that all of their bases are covered. At Walser Wealth, we have built our practice on ‘Challenging the Wisdom of Convention’ and we are proud to be that missing piece for our clients. We have built a national practice but love being based in Tampa and working with our Tampa clients.
114 | Invest: Tampa Bay 2020 | BANKING & FINANCE
Rebecca Walser Principal Walser Wealth Management
